By Noah Arroyo, Mission Local
The Board of Supervisors’ Rules Committee will continue its deliberations Monday on a measure to establish a Housing Trust Fund, which would give the city an independent funding source for affordable housing. If the measure passes the committee and the full board, voters will have the final say when it appears on the ballot in November.
Mayor Ed Lee has proposed the fund as a replacement for the city’s defunct Redevelopment Agency, which was dissolved in November 2011.
At last week’s Rules Committee meeting, everyone agreed that the city is in the midst of an affordable housing crisis, but committee members were at odds over the particulars of this potential solution.
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